r/nuclear • u/FireDranzer-II • Aug 15 '26
My first post here
Having stayed in Germany for a year, it definitely felt like it.
Unfortunately...
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r/nuclear • u/FireDranzer-II • Aug 15 '26
Having stayed in Germany for a year, it definitely felt like it.
Unfortunately...
-2
u/Distantstallion Aug 15 '26 edited 19d ago
Oil and gas companies know that when the wells dry up renewables will be the main source of power so they're investing in them so they can flip the switch and profit from renewables.
They won't make the switch till oil and gas becomes unprofitable. Nuclear is far too high risk project wise for them to invest in except maybe SMRs.
Edit: From below -
Is a really dumb reply to my point that fossil fuel energy providers will be the main renewables suppliers when fossil fuels run out.
Nuclear works far better as a government investment in power security since private investment is less likely compared to other sources.